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Continuously growing two-wheeler sales volume coupled with expanding
fleet size to drive global two-wheeler tire market through 2023

According to recently released TechSci Research report, “

Global Two-Wheeler Tire Market


By Vehicle Type, By Demand Category, By Region, Competition Forecast
& Opportunities, 2013-2023

’’, the global two-wheeler tire market is forecast to cross $ 18 billion by
2023. Major drivers boosting two-wheeler tire demand across the globe
include rising two-wheeler sales due to their ease of manoeuvrability and
high mileage coupled with expanding two-wheeler fleet. Asia-Pacific
accounts for the lion’s share in the global two-wheeler tire market on
account of high population density and inefficient road infrastructure
across various major economies of the region. Continuous business expansion
of prominent two-wheeler tire manufacturing companies across the globe such
as Apollo, CEAT, MRF, IRC, ZC Rubber, etc., and their continuing research
and development activities to manufacture technologically advanced,
economical as well as more efficient tires and their growing product
portfolio is further anticipated to intensify the competition in the
two-wheeler tire market across the globe over the course of the next five
years.

Browse 204 market data Figures spread through
291 Pages and an in-depth TOC on
“Global Two-Wheeler Tire Market”



https://www.techsciresearch.com/report/global-two-wheeler-tire-market/3110.html

Scooter/moped segment dominated the global two-wheeler tire segment in 2017
on the back of growing preference for scooters and mopeds, especially in
Asia-Pacific region, and among the younger generation. A steep rise in
demand for scooters has been registered in countries such as India due to
rising demand from female drivers. Moreover, dominance of scooter segment
was further supported by rapid increase in demand for premium scooters in
European countries over the last few years, which has consequently led to
higher sales of scooter tires in the global two-wheeler tire market.
Furthermore, mopeds, which don’t require license in many countries, is
largely being used in countries having large influx of tourist, thereby
stimulating demand for moped tires.

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“Low per capita income, rising crude oil prices, increasing traffic
congestions along with poor public transport infrastructure in various
major countries across Asia-Pacific and Africa are contributing
significantly towards the growth of the global two-wheelers industry, and
thus, two-wheeler tire market. Moreover, with growing inclination of
general population towards two-wheelers owing to their high manoeuvrability
and expansions of product portfolios by major two-wheeler tire
manufacturers, the global two-wheeler tire market is poised to grow at a
brisk pace over the next five years.’’ said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management
consulting firm.

“Global

Two-Wheeler Tire Market


By Vehicle Type, By Demand Category, By Region, Competition Forecast
& Opportunities, 2013-2023”

has analyzed the potential of global two-wheeler tire market, and provides
information and statistics on market structure and trends. The report will
suffice in providing the intending clients with cutting-edge market
intelligence and help them in taking sound investment decisions. The report
also identifies and analyzes emerging trends along with essential drivers
and key challenges faced by the global two-wheeler tire market.